Belfast Telegraph Royal Mail sale gets under wayBelfast TelegraphCity firms will scoop fees of £50m, split between those advising the Government and the Royal Mail group. Many of the banks being paid directly by the state to handle the flotation are foreign: UBS and Goldman Sachs are lead advisers, with …
Read More »Buying frenzy for Royal Mail privatisation – and City won't get it all as private investors could hold up to 15% of …
Retail stockbrokers report being deluged with enquiries from private investors and with demand already reaching unexpected highs, sources said private individuals would end up with almost a third of the shares being issued. More: continued here
Read More »COMMENT: Investors have 10 days to sign up for Royal Mail shares, so what are … – This is Money
COMMENT: Investors have 10 days to sign up for Royal Mail shares, so what are …This is MoneyRoyal Mail will make its debut on the markets on October 11 following its controversial flotation by the Government, with shares expected to be priced at between 260p and 330p. Individuals interested in …
Read More »Post office staff begin strike over shakeup ‘hidden’ by Royal Mail sell-off – The Guardian
The Guardian Post office staff begin strike over shakeup 'hidden' by Royal Mail sell-offThe GuardianMary Rogers has worked at the Post Office all her life. When she started behind the counters in 1971, aged 16, Edward Heath was in Downing Street and you could buy a stamp, with freshly minted …
Read More »Royal Mail shares to be sold before possible strikes – BBC News
BBC News Royal Mail shares to be sold before possible strikesBBC NewsRoyal Mail shares are to be sold by mid-October, before postal workers have a chance to strike over the move. The company is valued at £2.6bn to £3.3bn, the government said on Friday. The Department for Business said Royal …
Read More »Royal Mail to sell £3billion worth of shares before staff get chance to strike … – Daily Mail
Daily Mail Royal Mail to sell £3billion worth of shares before staff get chance to strike …Daily MailRoyal Mail warned yesterday: 'Potential investors should assume that national strike action and other forms of industrial action will take place across the whole of the group's activities during the period immediately after, …
Read More »Royal Mail privatisation rushed by Government to rake in £2billion before … – Mirror.co.uk
Royal Mail privatisation rushed by Government to rake in £2billion before …Mirror.co.ukThe Government is set to rake in £2billion from a rushed sale of the Royal Mail. Ministers snubbed thousands of workers by announcing plans to complete the hated sell-off before a threatened strike can take place. Meanwhile, critics who …
Read More »Strong investor interest in Royal Mail float – Financial Times
Strong investor interest in Royal Mail floatFinancial TimesBritain's Royal Mail has received enough orders for all the shares on offer in its stock market flotation within hours of order books opening, suggesting that interest from institutions will be enough to overcome the threat of strikes. The UK … More: continued …
Read More »Royal Mail to sell £3billion worth of shares before staff get chance to strike over privatisation plan
Members of the public who want a stake in the postal service must buy shares worth at least £750, and have until October 8 to register their interest. More: continued here
Read More »Royal Mail privatisation oversubscribed within hours – Telegraph.co.uk
Telegraph.co.uk Royal Mail privatisation oversubscribed within hoursTelegraph.co.ukThe Government announced plans to divest up to 70pc of Royal Mail within two weeks on Friday morning and demand from institutions and private investors was said to be extrememly high after the prospectus was published later in the day. Investors have … More: continued …
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